#Important
New Delhi: The government has allowed the use of existing Rs500 and Rs1,000 notes for another three days in notified places in an effort to minimize inconvenience caused by cash shortages that followed its move to demonetize the high-value currencies this week.
Old Rs500 and Rs1,000 notes can be used at government hospitals, government-run cooperative shops, air-ticket counters, milk booths, petrol stations, burial grounds, international airports, to buy tickets at railway stations, for metro trains, to pay for medicines in government and private medical shops, cooking gas cylinders and by foreign...
more... tourists until 14 November midnight, the finance ministry said in a statement. The government has also added payment of court fees in the permissible use list.
Identity proof of customers will be required for transactions in consumer cooperative stores. The use of old currency notes for paying utility bills will be allowed only for arrears and current bills and not for advance payments.